Though women-led startups receive far less first-round venture capital than ones led by all-male teams, they perform equally with their brothers in landing second and third rounds and exiting successfully. So reports Rebecca Lovell, Chair of the Center for American Entrepreneurship and Director of Seattle’s Create33 workspace, as she unpacks the findings for us in the new CAE study that took a deep dig into 13 years’ worth of Pitchbook data. While it is true a big gender gap exists for founding teams with women in leadership, CAE made another surprising finding: VC funding gender-diverse leadership teams increased since 2005, from a low that year of 7% to 21% in 2017. That said, that number is only 16% of the $83 billion invested those years by US VC’s. What factors cause this and what can be done to fund more high growth, high performing opportunities led by women? Rebecca Lovell teases out some of the answers from her group’s analysis of the data.